RYVNX vs. RYVYX
Compare and contrast key facts about Rydex Inverse NASDAQ-100 2x Strategy Fund (RYVNX) and Rydex NASDAQ-100 2x Strategy Fund (RYVYX).
RYVNX is managed by Rydex Funds. It was launched on May 22, 2000. RYVYX is managed by Rydex Funds. It was launched on May 23, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RYVNX or RYVYX.
Correlation
The correlation between RYVNX and RYVYX is -0.99. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
RYVNX vs. RYVYX - Performance Comparison
Key characteristics
RYVNX:
-1.10
RYVYX:
1.06
RYVNX:
-1.72
RYVYX:
1.51
RYVNX:
0.81
RYVYX:
1.20
RYVNX:
-0.40
RYVYX:
1.41
RYVNX:
-1.53
RYVYX:
4.75
RYVNX:
26.04%
RYVYX:
8.18%
RYVNX:
36.39%
RYVYX:
36.76%
RYVNX:
-99.99%
RYVYX:
-98.21%
RYVNX:
-99.98%
RYVYX:
-10.16%
Returns By Period
In the year-to-date period, RYVNX achieves a -39.44% return, which is significantly lower than RYVYX's 37.58% return. Over the past 10 years, RYVNX has underperformed RYVYX with an annualized return of -36.41%, while RYVYX has yielded a comparatively higher 22.77% annualized return.
RYVNX
-39.44%
-11.77%
-17.14%
-39.35%
-41.33%
-36.41%
RYVYX
37.58%
0.44%
2.26%
37.44%
24.32%
22.77%
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RYVNX vs. RYVYX - Expense Ratio Comparison
RYVNX has a 2.49% expense ratio, which is higher than RYVYX's 1.87% expense ratio.
Risk-Adjusted Performance
RYVNX vs. RYVYX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex Inverse NASDAQ-100 2x Strategy Fund (RYVNX) and Rydex NASDAQ-100 2x Strategy Fund (RYVYX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
RYVNX vs. RYVYX - Dividend Comparison
Neither RYVNX nor RYVYX has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
RYVNX Rydex Inverse NASDAQ-100 2x Strategy Fund | 0.00% | 4.56% | 0.00% | 0.00% | 0.25% | 0.03% |
RYVYX Rydex NASDAQ-100 2x Strategy Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
RYVNX vs. RYVYX - Drawdown Comparison
The maximum RYVNX drawdown since its inception was -99.99%, roughly equal to the maximum RYVYX drawdown of -98.21%. Use the drawdown chart below to compare losses from any high point for RYVNX and RYVYX. For additional features, visit the drawdowns tool.
Volatility
RYVNX vs. RYVYX - Volatility Comparison
The current volatility for Rydex Inverse NASDAQ-100 2x Strategy Fund (RYVNX) is 11.08%, while Rydex NASDAQ-100 2x Strategy Fund (RYVYX) has a volatility of 12.64%. This indicates that RYVNX experiences smaller price fluctuations and is considered to be less risky than RYVYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.